Homework Answers
a) Calculate equivalent unit
Equivalent unit of material = 130000+(44000*75%) = 163000
Equivalent unit of conversion = 130000+(44000*35%) = 145400
b) Cost per equivalent unit
Material = (358200+3304000)/163000 = 22.47
Conversion = (532760+4130820)/145400 = 32.07
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Required information The following information applies to the questions displayed below) Pacific Ink had beginning work-in-process...
Required information [The following information applies to the questions displayed below.) Pacific Ink had beginning work-in-process...
Required information [The following information applies to the questions displayed below.) Pacific Ink had beginning work-in-process inventory of $1,070,790 on October 1. Of this amount, $436,900 was the cost of direct materials and $633,890 was the cost of conversion. The 65,000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs. During October, 136,000 units were transferred out and 47,000 remained in ending inventory. The units in ending inventory were 80 percent...
! Required information [The following information applies to the questions displayed below.] Pacific Ink had beginning...
! Required information [The following information applies to the questions displayed below.] Pacific Ink had beginning work-in-process inventory of $748,960 on October 1. Of this amount, $306,920 was the cost of direct materials and $442,040 was the cost of conversion. The 50,000 units in the beginning inventory were 25 percent complete with respect to both direct materials and conversion costs. During October, 106,000 units were transferred out and 32,000 remained in ending inventory. The units in ending inventory were 75...
Required information The following information applies to the questions displayed below Pacific Ink had beginning work-in-process...
Required information The following information applies to the questions displayed below Pacific Ink had beginning work-in-process inventory of $762,960 on October 1. Of this amount, $313,920 was the cost of direct materials and $449,040 was the cost of conversion. The 57,000 units in the beginning inventory were 25 percent complete with respect to both direct materials and conversion costs. of 4 During October, 120,000 units were transferred out and 39,000 remained in ending inventory. The units in ending inventory were...
Required information [The following information applies to the questions displayed below.] Pacific Ink had beginning work-in-process...
Required information [The following information applies to the questions displayed below.] Pacific Ink had beginning work-in-process inventory of $1,005,960 on October 1. Of this amount, $423,500 was the cost of direct materials and $582,460 was the cost of conversion. The 61,000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs. During October, 128,000 units were transferred out and 43,000 remained in ending inventory. The units in ending inventory were 80 percent...
Required information The following information applies to the questions displayed below! Pacific Ink had beginning work-in-process...
Required information The following information applies to the questions displayed below! Pacific Ink had beginning work-in-process inventory of $890,960 on October 1. of this amount, $358,200 was the cost of direct materials and $532,760 was the cost of conversion. The 62,000 units in the beginning inventory were 25 percent complete with respect to both direct materials and conversion costs. During October, 130,000 units were transferred out and 44,000 remained in ending inventory. The units in ending inventory were 75 percent...
Help Save Required information [The following information applies to the questions displayed below.] Pacific Ink had...
Help Save Required information [The following information applies to the questions displayed below.] Pacific Ink had beginning work-in-process inventory of $762,960 on October 1. Of this amount, $313,920 was the cost of direct materials and $449,040 was the cost of conversion. The 57,000 units in the beginning inventory were 25 percent complete with respect to both direct materials and conversion costs. During October, 120,000 units were transferred out and 39,000 remained in ending inventory. The units in ending inventory were...
Required information [The following information applies to the questions displayed below) Pacific Ink had beginning work-in-process...
Required information [The following information applies to the questions displayed below) Pacific Ink had beginning work-in-process inventory of $762.960 on October 1 of this amount. $313.920 was the cost of direct materials and $449,040 was the cost of conversion. The 57,000 units in the beginning inventory were 25 percent complete with respect to both direct materials and conversion costs. During October, 120,000 units were transferred out and 39,000 remained in ending inventory. The units in ending inventory were 75 percent...
Required information The following information applies to the questions displayed below. Pacific Ink had beginning work-in-process...
Required information The following information applies to the questions displayed below. Pacific Ink had beginning work-in-process inventory of $762.960 on October 1. Of this amount, $313.920 was the cost of direct materials and $449,040 was the cost of conversion. The 57,000 units in the beginning inventory were 25 percent complete with respect to both direct materials and conversion costs. During October, 120,000 units were transferred out and 39,000 remained in ending inventory. The units in ending inventory were 75 percent...
Exercise B3, 0-30, 0-39 & 0-40 SU U -2, , 5) (The following information applies to the questions displayed below...
Exercise B3, 0-30, 0-39 & 0-40 SU U -2, , 5) (The following information applies to the questions displayed below Pacific Ink had beginning work-in-process inventory of $744,960 on October 1 of this amount, $304,920 was the cost of direct materials and $440,040 was the cost of conversion. The 48.000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs During October 102.000 units were transferred out and 30.000 remained in ending...
Pacific Ink had beginning work-in-process inventory of $744,960 on October 1. Of this amount, $304,920 was...
Pacific Ink had beginning work-in-process inventory of $744,960 on October 1. Of this amount, $304,920 was the cost of direct materials and $440,040 was the cost of conversion. The 48,000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs. During October, 102,000 units were transferred out and 30,000 remained in ending inventory. The units in ending inventory were 80 percent complete with respect to direct materials and 40 percent complete with...
Required information [The following information applies to the questions displayed below.) Pacific Ink had beginning work-in-process inventory of $1,070,790 on October 1. Of this amount, $436,900 was the cost of direct materials and $633,890 was the cost of conversion. The 65,000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs. During October, 136,000 units were transferred out and 47,000 remained in ending inventory. The units in ending inventory were 80 percent...
! Required information [The following information applies to the questions displayed below.] Pacific Ink had beginning work-in-process inventory of $748,960 on October 1. Of this amount, $306,920 was the cost of direct materials and $442,040 was the cost of conversion. The 50,000 units in the beginning inventory were 25 percent complete with respect to both direct materials and conversion costs. During October, 106,000 units were transferred out and 32,000 remained in ending inventory. The units in ending inventory were 75...
Required information The following information applies to the questions displayed below Pacific Ink had beginning work-in-process inventory of $762,960 on October 1. Of this amount, $313,920 was the cost of direct materials and $449,040 was the cost of conversion. The 57,000 units in the beginning inventory were 25 percent complete with respect to both direct materials and conversion costs. of 4 During October, 120,000 units were transferred out and 39,000 remained in ending inventory. The units in ending inventory were...
Required information The following information applies to the questions displayed below! Pacific Ink had beginning work-in-process inventory of $890,960 on October 1. of this amount, $358,200 was the cost of direct materials and $532,760 was the cost of conversion. The 62,000 units in the beginning inventory were 25 percent complete with respect to both direct materials and conversion costs. During October, 130,000 units were transferred out and 44,000 remained in ending inventory. The units in ending inventory were 75 percent...
Help Save Required information [The following information applies to the questions displayed below.] Pacific Ink had beginning work-in-process inventory of $762,960 on October 1. Of this amount, $313,920 was the cost of direct materials and $449,040 was the cost of conversion. The 57,000 units in the beginning inventory were 25 percent complete with respect to both direct materials and conversion costs. During October, 120,000 units were transferred out and 39,000 remained in ending inventory. The units in ending inventory were...
Required information [The following information applies to the questions displayed below) Pacific Ink had beginning work-in-process inventory of $762.960 on October 1 of this amount. $313.920 was the cost of direct materials and $449,040 was the cost of conversion. The 57,000 units in the beginning inventory were 25 percent complete with respect to both direct materials and conversion costs. During October, 120,000 units were transferred out and 39,000 remained in ending inventory. The units in ending inventory were 75 percent...
Required information The following information applies to the questions displayed below. Pacific Ink had beginning work-in-process inventory of $762.960 on October 1. Of this amount, $313.920 was the cost of direct materials and $449,040 was the cost of conversion. The 57,000 units in the beginning inventory were 25 percent complete with respect to both direct materials and conversion costs. During October, 120,000 units were transferred out and 39,000 remained in ending inventory. The units in ending inventory were 75 percent...
Exercise B3, 0-30, 0-39 & 0-40 SU U -2, , 5) (The following information applies to the questions displayed below Pacific Ink had beginning work-in-process inventory of $744,960 on October 1 of this amount, $304,920 was the cost of direct materials and $440,040 was the cost of conversion. The 48.000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs During October 102.000 units were transferred out and 30.000 remained in ending...
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